Dana Incorporated provides power-conveyance and energy-management solutions for vehicles and machinery in North America, Europe, South America, and the Asia Pacific. It offers sealing solutions, thermal-management technologies, and digital solutions to vehicle and engine manufacturers. The company operates in four segments: Light Vehicle Drive Systems, Commercial Vehicle Drive and Motion Systems, Off-Highway Drive and Motion Systems, and Power Technologies. The Light Vehicle Drive Systems segment offers front drive steer rigid axles, rear drive rigid axles, driveshafts/propshafts, front/rear drive units, AWD systems, power transfer units, electromechanical propulsion systems, EV gearboxes, and differentials for use in light trucks, sport utility vehicles, crossover utility vehicles, vans, and passenger cars. The Commercial Vehicle Drive and Motion Systems segment provides steer and drive axles, driveshafts, tire inflation systems, high and low voltage motors and inverters, vehicle integration services, and connected software solutions for medium and heavy duty trucks, buses, and specialty vehicles. The Off-Highway Drive and Motion Systems segment manufactures front and rear axles; driveshafts; transmissions; torque converters; wheel, track, and winch planetary drives; industrial gear boxes; custom gears and shifting solutions; tire inflation systems; electronic controls; hydraulic valves, pumps and motors; and EV motors and inverter for use in construction, earth moving, agricultural, mining, forestry, material handling, and industrial stationary applications. The Power Technologies segment offers gaskets, cover modules, heat shields, engine sealing systems, cooling products, and heat transfer products for light vehicle, medium/heavy vehicle, and off-highway markets. The company was formerly known as Dana Holding Corporation and changed its name to Dana Incorporated in August 2016. Dana Incorporated was founded in 1904 and is headquartered in Maumee, Ohio.
IPO Year:
Exchange: NYSE
Website: dana.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/20/2024 | $13.00 → $9.00 | Equal Weight → Underweight | Wells Fargo |
| 9/10/2024 | $12.00 | Hold | Deutsche Bank |
| 9/5/2024 | Peer Perform | Wolfe Research | |
| 9/13/2023 | $17.00 | Neutral | UBS |
| 2/15/2023 | $20.00 | Equal Weight | Barclays |
| 10/28/2022 | $15.00 → $16.00 | Outperform → Sector Perform | RBC Capital Mkts |
| 8/4/2022 | $18.00 → $15.00 | Buy → Hold | Deutsche Bank |
| 4/12/2022 | $23.00 → $17.00 | Overweight → Equal Weight | Wells Fargo |
| 4/11/2022 | Neutral | Exane BNP Paribas | |
| 4/7/2022 | $24.00 → $18.00 | Overweight → Equal Weight | Barclays |
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Wells Fargo downgraded Dana Inc from Equal Weight to Underweight and set a new price target of $9.00 from $13.00 previously
Deutsche Bank resumed coverage of Dana Inc with a rating of Hold and set a new price target of $12.00
Wolfe Research resumed coverage of Dana Inc with a rating of Peer Perform
UBS initiated coverage of Dana Inc with a rating of Neutral and set a new price target of $17.00
Barclays initiated coverage of Dana Inc with a rating of Equal Weight and set a new price target of $20.00
RBC Capital Mkts downgraded Dana Inc from Outperform to Sector Perform and set a new price target of $16.00 from $15.00 previously
Deutsche Bank downgraded Dana Inc from Buy to Hold and set a new price target of $15.00 from $18.00 previously
Wells Fargo downgraded Dana Inc from Overweight to Equal Weight and set a new price target of $17.00 from $23.00 previously
Exane BNP Paribas initiated coverage of Dana Inc with a rating of Neutral
Barclays downgraded Dana Inc from Overweight to Equal Weight and set a new price target of $18.00 from $24.00 previously
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Sales of $2.48 billion Net income of $4 millionAdjusted EBITDA of $232 millionAdjusted EBITDA margin of 9.4 percent, a 30-basis-point improvement compared with 2023Full-year free cash flow guidance maintained at $100 millionMAUMEE, Ohio, Oct. 30, 2024 /PRNewswire/ -- Dana Incorporated (NYSE:DAN) today announced financial results for the third quarter of 2024. "Dana achieved 30 basis points of profit-margin improvement in the third quarter despite lower sales as a result of softening demand for both EV and traditional programs across our end markets," said Chairman and CEO Jim
MAUMEE, Ohio, Oct. 23, 2024 /PRNewswire/ -- Dana Incorporated (NYSE:DAN) announced today that its board of directors has declared a dividend on its common stock. The board declared a quarterly dividend of $0.10 per share, payable Nov. 29, 2024, to holders of Dana common stock as of Nov. 8. About Dana IncorporatedDana is a leader in the design and manufacture of highly efficient propulsion and energy-management solutions that power vehicles and machines in all mobility markets across the globe. The company is shaping sustainable progress through its conventional and clean-energ
MAUMEE, Ohio, Oct. 14, 2024 /PRNewswire/ -- Dana Incorporated (NYSE:DAN) will release its 2024 third-quarter financial results on Wednesday, Oct. 30, 2024. A press release will be issued at approximately 7 a.m. EDT, followed by a conference call and webcast at 9 a.m. EDT. Members of the company's senior management team will be available at that time to discuss the results and answer related questions. The conference call can be accessed by telephone from both domestic and international locations using the information provided below: Conference ID: 9943139Participant Toll-Free
Sales of $2.74 billion Net income of $16 millionAdjusted EBITDA of $244 million, an increase of $1 million over last yearAdjusted EBITDA margin of 8.9 percent, a 10-basis-point improvement compared with 2023Free cash flow of $104 millionFull-year free cash flow guidance increased to $100 millionMAUMEE, Ohio, July 31, 2024 /PRNewswire/ -- Dana Incorporated (NYSE:DAN) today announced financial results for the second quarter of 2024. "In the second quarter, Dana's strong end-to-end execution delivered steady profit and improved margin despite continued future program development
MAUMEE, Ohio, July 24, 2024 /PRNewswire/ -- Dana Incorporated (NYSE:DAN) announced today that its board of directors has declared a dividend on its common stock. The board declared a quarterly dividend of $0.10 per share, payable Aug. 30, 2024, to holders of Dana common stock as of Aug. 9. About Dana IncorporatedDana is a leader in the design and manufacture of highly efficient propulsion and energy-management solutions that power vehicles and machines in all mobility markets across the globe. The company is shaping sustainable progress through its conventional and clean-ene
MAUMEE, Ohio, July 16, 2024 /PRNewswire/ -- Dana Incorporated (NYSE:DAN) will release its 2024 second-quarter financial results on Wednesday, July 31, 2024. A press release will be issued at approximately 7 a.m. EDT, followed by a conference call and webcast at 9 a.m. EDT. Members of the company's senior management team will be available at that time to discuss the results and answer related questions. The conference call can be accessed by telephone from both domestic and international locations using the information provided below: Conference ID: 9943139Participant Toll-Free
Sales of $2.7 billion, an increase of $91 millionNet income of $3 million, including a $29 million charge related to the announced European hydraulics business divestitureAdjusted EBITDA of $223 million, an increase of $19 million over last yearAdjusted EBITDA margin of 8.2 percent, a 50-basis-point improvement compared with 2023Operating cash flow improved by $68 million compared with last yearFull-year 2024 free cash flow guidance raised by $25 millionMAUMEE, Ohio, April 30, 2024 /PRNewswire/ -- Dana Incorporated (NYSE:DAN) today announced financial results for the first quarter of 2024.
MAUMEE, Ohio, April 24, 2024 /PRNewswire/ -- Dana Incorporated (NYSE:DAN) announced today that its board of directors has declared a dividend on its common stock. The board declared a quarterly dividend of $0.10 per share, payable May 31, 2024, to holders of Dana common stock as of May 10. About Dana IncorporatedDana is a leader in the design and manufacture of highly efficient propulsion and energy-management solutions that power vehicles and machines in all mobility markets across the globe. The company is shaping sustainable progress through its conventional and clean-ene
MAUMEE, Ohio, April 12, 2024 /PRNewswire/ -- Dana Incorporated (NYSE:DAN) will release its 2024 first-quarter financial results on Tuesday, April 30, 2024. A press release will be issued at approximately 7 a.m. EDT, followed by a conference call and webcast at 10 a.m. EDT. Members of the company's senior management team will be available at that time to discuss the results and answer related questions. The conference call can be accessed by telephone from both domestic and international locations using the information provided below: Conference ID: 9943139Participant Toll-Free Dial-In Number: 1 (888) 440-5873Participant Toll Dial-In Number: 1 (646) 960-0319 Audio streaming and slides will b
Full-year Results Sales of $10.6 billion, an increase of $0.4 billion or 4 percent over last yearNet income of $38 million, compared with a net loss of $242 million in 2022Adjusted EBITDA of $845 million, an increase of $145 million over last yearAdjusted EBITDA margin of 8 percent, a 110-basis-point improvement compared with 2022Operating cash flow of $476 millionRecord three-year new business sales backlog of $950 million, a $50 million increase over prior backlog2024 guidance of approximately 3 percent increase in sales, 10 percent increase in adjusted EBITDA, $75 million increase in free cash flow MAUMEE, Ohio, Feb. 20, 2024 /PRNewswire/ -- Dana Incorporated (NYSE:DAN) today announced fi
JP Morgan analyst Ryan Brinkman maintains Dana (NYSE:DAN) with a Overweight and lowers the price target from $18 to $17.
UBS analyst Colin Langan maintains Dana (NYSE:DAN) with a Neutral and lowers the price target from $14 to $12.
Wells Fargo analyst Colin Langan maintains Dana (NYSE:DAN) with a Equal-Weight and lowers the price target from $13 to $12.
Ratings for Dana (NYSE:DAN) were provided by 5 analysts in the past three months, showcasing a mix of bullish and bearish perspectives. Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 2 3 0 0 Last 30D 0 1 0 0 0 1M Ago 0 0 0 0 0 2M Ago 0 0 1 0 0 3M Ago 0 1 2 0 0 The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $15.8, a high estimate of $18.00, and a low estimate of $13.00. Experiencing a 7.06% decline, the current average is now lower than
Oppenheimer analyst Noah Kaye maintains Dana (NYSE:DAN) with a Outperform and raises the price target from $17 to $18.
Dana Incorporated (NYSE:DAN) shares are trading lower on Tuesday after reporting first-quarter results. The company reported adjusted earnings per share of 27 cents, beating the street view of 19 cents. Quarterly sales of $2.735 billion beat the analyst consensus of $2.684 billion. Dana reported quarterly adjusted EBITDA of $223 million, an increase of $19 million over last year. “We achieved 39 percent profit conversion on traditional organic sales in the quarter. This performance is well above our historical conversion for the first quarter and positions the company on a strong trajectory to achieve our full-year targets,” said James Kamsickas, Dana chairman and chief executiv
Dana (NYSE:DAN) reported quarterly earnings of $0.27 per share which beat the analyst consensus estimate of $0.19 by 42.11 percent. The company reported quarterly sales of $2.735 billion which beat the analyst consensus estimate of $2.690 billion by 1.66 percent. This is a 3.44 percent increase over sales of $2.644 billion the same period last year.
Dana Expects FY24 Diluted EPS Of $0.35-$0.85, Adjusted EBITDA Of $875M-$975M, Implied Adjusted EBITDA Margin Of Approximately 8.5% At Midpoint Of The Range
Dana (NYSE:DAN) reported quarterly earnings of $0.02 per share which missed the analyst consensus estimate of $0.10 by 80 percent. The company reported quarterly sales of $2.735 billion which beat the analyst consensus estimate of $2.690 billion by 1.66 percent. This is a 3.44 percent increase over sales of $2.644 billion the same period last year.
Sales of $2.48 billion Net income of $4 millionAdjusted EBITDA of $232 millionAdjusted EBITDA margin of 9.4 percent, a 30-basis-point improvement compared with 2023Full-year free cash flow guidance maintained at $100 millionMAUMEE, Ohio, Oct. 30, 2024 /PRNewswire/ -- Dana Incorporated (NYSE:DAN) today announced financial results for the third quarter of 2024. "Dana achieved 30 basis points of profit-margin improvement in the third quarter despite lower sales as a result of softening demand for both EV and traditional programs across our end markets," said Chairman and CEO Jim
GREENWICH, Conn., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds will host its 48th Annual Automotive Symposium on November 4th and 5th, 2024 at the Encore at Wynn in Las Vegas, Nevada. This two-day symposium will feature presentations by senior managements of leading automotive and trucking companies, with a lineup that enables investors to understand ever-changing dynamics within the automotive industry. Presenting attendees, which include original equipment suppliers, automotive retailers, aftermarket service participants and next-gen tech companies driving vehicle electrification will provide a "cradle to grave" look at the automotive ecosystem and help investors understand "What's N
MAUMEE, Ohio, Oct. 23, 2024 /PRNewswire/ -- Dana Incorporated (NYSE:DAN) announced today that its board of directors has declared a dividend on its common stock. The board declared a quarterly dividend of $0.10 per share, payable Nov. 29, 2024, to holders of Dana common stock as of Nov. 8. About Dana IncorporatedDana is a leader in the design and manufacture of highly efficient propulsion and energy-management solutions that power vehicles and machines in all mobility markets across the globe. The company is shaping sustainable progress through its conventional and clean-energ
GREENWICH, Conn., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds will host its 48th Annual Automotive Symposium on November 4th and 5th, 2024 at the Encore at Wynn in Las Vegas, Nevada. This two-day symposium will feature presentations by senior managements of leading automotive and trucking companies, with a lineup that enables investors to understand ever-changing dynamics within the automotive industry. Presenting attendees, which include original equipment suppliers, automotive retailers, aftermarket service participants and next-gen tech companies driving vehicle electrification will provide a "cradle to grave" look at the automotive ecosystem and help investors understand "What's N
MAUMEE, Ohio, Oct. 22, 2024 /PRNewswire/ -- Dana Incorporated (NYSE:DAN) announced that it has earned the Powertrain Product of the Year Award for its Spicer™ eSP502 e-Transmission with Power Take-off (PTO) at the Power Progress Summit 2024 held in Chicago on Oct. 1-2. The award recognizes Dana's commitment to zero emissions — offering OEMs an easily integrated, fully electric driveline system to enhance the sustainability of their applications. "Being honored with the Powertrain Product of the Year Award is a special recognition showcasing a commitment to groundbreaking techn
MAUMEE, Ohio, Oct. 14, 2024 /PRNewswire/ -- Dana Incorporated (NYSE:DAN) will release its 2024 third-quarter financial results on Wednesday, Oct. 30, 2024. A press release will be issued at approximately 7 a.m. EDT, followed by a conference call and webcast at 9 a.m. EDT. Members of the company's senior management team will be available at that time to discuss the results and answer related questions. The conference call can be accessed by telephone from both domestic and international locations using the information provided below: Conference ID: 9943139Participant Toll-Free
MAUMEE, Ohio, Oct. 9, 2024 /PRNewswire/ -- Dana Incorporated announced today that Seth Metzger has been appointed Senior Vice President and Chief Technology Officer (CTO), succeeding Christophe Dominiak who is retiring from Dana. Mr. Metzger has been with Dana for more than two decades and has extensive experience in engineering and technology development. He most recently served as Senior Vice President of Electrification, as well as President of the Dana TM4 joint venture. Mr. Metzger also held strategic leadership roles in engineering, including Vice President of Engineerin
GREENWICH, Conn., Oct. 07, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds will host its 48th Annual Automotive Symposium on November 4th and 5th, 2024 at the Encore at Wynn in Las Vegas, Nevada. This two-day symposium will feature presentations by senior managements of leading automotive and trucking companies, with a lineup that enables investors to understand ever-changing dynamics within the automotive industry. Presenting attendees, which include original equipment suppliers, automotive retailers, aftermarket service participants and next-gen tech companies driving vehicle electrification will provide a "cradle to grave" look at the automotive ecosystem and help investors understand "What's N
SCOTTSDALE, Ariz., Oct. 02, 2024 (GLOBE NEWSWIRE) -- Reliance, Inc. (NYSE:RS) today announced the appointment of James K. Kamsickas, 57, to serve as an independent director. Mr. Kamsickas' term took effect on October 1, 2024 and will expire at the Company's 2025 Annual Meeting of Stockholders. Following the appointment of Mr. Kamsickas, Reliance's Board will be comprised of nine members, eight of whom are independent. "We are very excited to welcome Jim to Reliance's Board of Directors and look forward to his contributions as we continue to execute Reliance's strategy and generate industry-leading results," said Mark Kaminski, Chairman of Reliance's Board of Directors. "Jim's strategic le
LAS VEGAS, Sept. 24, 2024 /PRNewswire/ -- Today at MINExpo®, Dana Incorporated (NYSE:DAN) debuted a new certified remanufacturing program for Dana Spicer™ Off-Highway drivetrain components that extends equipment life cycles, supports sustainability initiatives, and improves return on investment. Currently available at Dana facilities across Europe, the Dana Certified Reman™ program will extend to an additional 50 locations in North America, Europe, the Middle East, Africa, and China by the end of 2025. "The Dana Certified Reman program is all about improving machine efficienci
SCOTTSDALE, Ariz., Oct. 02, 2024 (GLOBE NEWSWIRE) -- Reliance, Inc. (NYSE:RS) today announced the appointment of James K. Kamsickas, 57, to serve as an independent director. Mr. Kamsickas' term took effect on October 1, 2024 and will expire at the Company's 2025 Annual Meeting of Stockholders. Following the appointment of Mr. Kamsickas, Reliance's Board will be comprised of nine members, eight of whom are independent. "We are very excited to welcome Jim to Reliance's Board of Directors and look forward to his contributions as we continue to execute Reliance's strategy and generate industry-leading results," said Mark Kaminski, Chairman of Reliance's Board of Directors. "Jim's strategic le
MAUMEE, Ohio, Aug. 26, 2024 /PRNewswire/ -- Dana Incorporated (NYSE:DAN) today announced the appointment of Craig Price as Senior Vice President and President of Dana's Off-Highway (OH) Drive and Motion Systems, effective September 1. Mr. Price succeeds Jeroen Decleer, who unfortunately passed away earlier this month following a brief illness. A 20-year veteran of the company, Jeroen was a people-first leader with tremendous business acumen and understanding of the industry. He represented the very best of Dana, and he will be remembered far beyond his professional achievements and greatly missed by the collective Dana family.
MAUMEE, Ohio, July 16, 2024 /PRNewswire/ -- Dana Incorporated (NYSE:DAN) today announced the appointment of Brian Pour as Senior Vice President and President of Dana Commercial Vehicle Drive and Motion Systems, effective July 22. Mr. Pour succeeds Aziz Aghili, who recently retired from Dana. Mr. Pour brings to Dana more than 30 years of experience in developing, managing, and leading global businesses within the mobility industry. He spent the past seven years as President and CEO of Auria Solutions Ltd., a leading global supplier of automotive flooring, acoustical, thermal, a
MAUMEE, Ohio, June 26, 2024 /PRNewswire/ -- Dana Incorporated (NYSE:DAN) today announced the appointment of Dana veteran Lisa Amend as Senior Vice President and Chief Human Resources Officer. Ms. Amend brings to this role more than 20 years of experience as a labor and employment attorney supporting human resources in all areas, including litigation and dispute management, labor relations, employee benefits, and executive compensation. She will have responsibility for the company's human resources strategy and processes, including talent lifecycle and acquisition; talent mana
Board of Directors Approves Share Consolidation on an 8-for-1 Ratio Board of Directors Announces Jacqueline Dedo as Li-Cycle's Independent Board Chair Li-Cycle Holdings Corp. (NYSE:LICY) ("Li-Cycle" or the "Company"), a leading global lithium-ion battery resource recovery company, today announced updates from the Company's Annual General and Special Meeting of Shareholders held on May 23, 2024 (the "AGM"). Voting results of items of business at the AGM included the election of each of the Li-Cycle director nominees; the approval of the share consolidation resolution, described further below; the approval of the compensation of the Company's named executive officers on an advisory basi
VANCOUVER, BC, March 27, 2024 /PRNewswire/ - Ballard Power Systems (NASDAQ:BLDP) (TSX:BLDP) today announced the appointment of Ms. Jacqueline (Jacqui) Dedo to the Ballard Board of Directors. Ms. Dedo brings relevant experience to the Board with her background in the transportation industry, including electrified propulsion in heavy-duty mobility, while also bringing complementary competencies related to strategy, innovation, technology, and corporate governance. "We strive to have a Board that is comprised of highly qualified directors with diverse and complementary background
Steven Miller Replaces Brett Icahn as Icahn Capital Board Designee in Connection with Previously Announced Agreement MAUMEE, Ohio, Nov. 13, 2023 /PRNewswire/ -- Dana Incorporated (NYSE:DAN) today announced that Steven Miller has been appointed to the Dana board of directors, effective Nov. 9, 2023. Mr. Miller will replace Brett Icahn as an Icahn Capital board designee, pursuant to the January 2022 Director Appointment and Nomination Agreement between Icahn Capital and Dana. "On behalf of the Dana board of directors, I want to welcome Steven as a director, and we look forward
Seasoned global executive brings more than 40 years of experience and deep automotive industry expertise Li-Cycle Holdings Corp. (NYSE:LICY) ("Li-Cycle" or the "Company"), an industry leader in lithium-ion battery resource recovery and the leading lithium-ion battery recycler in North America, today announced that Jacqueline ("Jacqui") Dedo, has been appointed to serve as an independent director on the Company's Board of Directors (the "Board"), effective immediately. The Board is now comprised of nine directors. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220808005229/en/Jacqueline Dedo (Photo: Business Wire) "We're thrilled
MAUMEE, Ohio, Jan. 4, 2022 /PRNewswire/ -- Dana Incorporated (NYSE:DAN) announced today that Ernesto M. Hernández has been appointed to the company's board of directors, effective immediately. Mr. Hernández is a veteran mobility-industry executive with extensive knowledge of product engineering, manufacturing, planning, program management, sales, marketing, and the aftermarket. He recently retired from General Motors after a 40-year career culminating in the role of president and managing director of General Motors, Mexico. "I am delighted to welcome Ernesto to the Dana boa
MAUMEE, Ohio, Dec. 1, 2021 /PRNewswire/ -- Dana Incorporated (NYSE:DAN) today announced the appointment of Dana veteran Timothy R. Kraus as senior vice president and chief financial officer. Mr. Kraus succeeds Jonathan Collins, who will be leaving Dana to become CFO of Clarivate plc (NYSE:CLVT), a world-leading information and analytics provider. Mr. Collins will continue with Dana through Dec. 15 to assist with the transition. An officer of the company with more than a decade of experience at Dana, Mr. Kraus most recently served as senior vice president of finance and treas